What is ECA risk score in SAP FS-BA-PM-CR - Credit Risk?

SAP Term: ECA risk score

• Component: FS-BA-PM-CR

• Component Name: Credit Risk

• Description: Risk key figure as given by an export credit agency.

Smart SAP Assistant

• Key Concepts: 
  The ECA risk score is a component of the Credit Risk Management module in SAP. It is a numerical score that is used to assess the creditworthiness of a customer. The score is based on a variety of factors, such as the customer's financial history, payment history, and other relevant data. The higher the score, the more likely it is that the customer will be able to pay back any loans or debts they may have. 
  
  How to use it: 
  The ECA risk score can be used to determine whether or not a customer should be granted credit. It can also be used to set credit limits for customers and to determine the terms of any loans or debts they may have. The score can also be used to monitor a customer's creditworthiness over time. 
  
  Tips & Tricks: 
  When using the ECA risk score, it is important to remember that it is only one factor in determining a customer's creditworthiness. Other factors, such as their payment history and financial stability, should also be taken into account when making decisions about granting credit or setting loan terms. 
  
  Related Information: 
  The ECA risk score is part of the Credit Risk Management module in SAP. Other components of this module include credit scoring, credit limit management, and fraud detection. For more information about these components and how they work together, please refer to SAP's documentation on Credit Risk Management.